REBusinessOnline

Mariman & Co. Sells 41-Unit Apartment Community in Southern California for $16.3M

Sundance-West-Apts-Costa-Mesa-CA

Located in Costa Mesa, Calif., Sundance West Apartments features 40 two- and three-bedroom floorplans and one studio apartment unit.

COSTA MESA, CALIF. — Mariman & Co. has sold Sundance West Apartment Homes, a multifamily community located at 1990-2002 Maple Ave. in Costa Mesa. An Orange County-based private family investment partnership acquired the property for $16.3 million. The buyer also assumed the existing loan with Chase Bank.

Built in 1965, the community features 40 two- and three-bedroom floorplans and one studio floorplan. The property comprises 12 one- and two-story buildings and a separate rental office. On-site amenities include a pool, additional storage, laundry facilities and 69 parking spaces.

Peter Hauser and Matt Hauser of Avison Young’s Irvine office represented the seller and the buyer in the deal.

Get more news delivered to your inbox. Subscribe to France Media's e-newsletters. Click here.



Related News

Updated daily:
How Will COVID-19 Impact the Commercial Real Estate Industry?
Click here.

COVID-19 Webinars: Learn more about the CRE industry's response to the coronavirus. Sign up.

Watch On Demand:

Conferences
There are no upcoming events at this time.

Read the Digital Editions

Heartland Recent Issue

Northeast Recent Issue

Southeast Recent Issue

Texas Recent Issue

Western Recent Issue

Shopping Center Business

California Centers

Ancillary Retail

Student Housing Business

Seniors Housing Business

Featured Properties